Runway Growth Finance Corp (NASDAQ:RWAY) shares, rose in value on Friday, March 28, with the stock price down by -0.88% to the previous day’s close as strong demand from buyers drove the stock to $10.75.
Actively observing the price movement in the last trading, the stock closed the session at $10.85, falling within a range of $10.555 and $10.84. The value of beta (5-year monthly) was 0.496 whereas the PE ratio was 5.61 over 12-month period. Referring to stock’s 52-week performance, its high was $13.30, and the low was $9.87. On the whole, RWAY has fluctuated by -5.20% over the past month.
With the market capitalization of Runway Growth Finance Corp currently standing at about $401.48 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-19. The company’s Forward Dividend Ratio is 1.60, with its dividend yield at 14.85%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 134.73M, with a low estimate of 32.91M and a high estimate of 33.56M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 33.32M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that RWAY’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of RWAY currently trading nearly -1.38% and -4.38% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 42.95, while the 7-day volatility ratio is showing 2.25% which for the 30-day chart, stands at 2.37%. Furthermore, Runway Growth Finance Corp (RWAY)’s beta value is 0.52, and its average true range (ATR) is 0.24.
A comparison of Runway Growth Finance Corp (RWAY) with its peers suggests the former has fared considerably weaker in the market. RWAY showed an intraday change of -0.88% in last session, and over the past year, it shrunk by -9.79%%.
Data on historical trading for Runway Growth Finance Corp (NASDAQ:RWAY) indicates that the trading volumes over the past 10 days have averaged 0.52 and over the past 3 months, they’ve averaged 275.58K. According to company’s latest data on outstanding shares, there are 37.35 million shares outstanding.
Nearly 1.14% of Runway Growth Finance Corp’s shares belong to company insiders and institutional investors own 52.69% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.45 million shares as on 2025-03-14, resulting in a short ratio of 5.92. According to the data, the short interest in Runway Growth Finance Corp (RWAY) stood at 546.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 1.27 million. The stock has fallen by -1.92% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the RWAY stock heading into the next quarter.
